Describe the benefit of sharing data such as receipts with customers using electronic media
What will be an ideal response?
It is easier for a customer to return merchandise if a receipt has been provided. If this receipt was emailed to the customer, it may be easier to find than a printed receipt. By using electronic receipts, the retailer's Sales process has made the customer's returns process easier. Rather than issue paper receipts, which are more costly and more frequently lost, many retailers are sharing receipt data with customers electronically by sending an email or a message to a customer's smartphone. Not only does this reduce sales costs, an objective of the retailer's Sales process, it also improves the customer's Returns process, because customers can find their receipts more frequently.
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Calculate the payback period for Investment B. (Round your answer to two decimal places.)
Arrendo, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available:
A) 3.46 years
B) 1.94 years
C) 2.89 years
D) 3.82 years
Donations made to nonprofit organizations are not usually affected by economic recessions.
Answer the following statement true (T) or false (F)
Most of the goods contained in a freight train (a common carrier) were destroyed when a tornado wrecked the train. The carrier was sued for damages by all the shippers that had merchandise on the train. Is the carrier strictly liable for the damage done to the goods by the tornado?
A disadvantage of a sole proprietorship is the fact that the owner has ________.
Fill in the blank(s) with the appropriate word(s).